Bed Bath & Beyond Goes Broke: Retailer
to Shutter Stores, Cut Staff After Cancelling
MyPillow Last Year
PJ Media,
by
Ryan Ledendecker
Original Article
Posted By: Hazymac,
8/31/2022 10:57:00 AM
“Go woke, go broke” is the slogan that keeps on giving. The latest installment of woke, politically active retailers now facing financial ruin in the form of shuttering stores and mass layoffs is none other than conservative-hating Bed Bath & Beyond.
According to CNBC, the retailer announced this week that it will close down 150 namesake stores, as well as plans to hand out pink slips to a whopping 20% of its workforce, mostly in the supply chain and corporate sectors of the business. The moves were announced ahead of an expected investor update on Wednesday in the company’s seemingly desperate bid to stay afloat.
As you’ll recall, BBB made headlines
Reply 1 - Posted by:
MarkTwain 8/31/2022 10:57:53 AM (No. 1264248)
Go Woke, go broke!
89 people like this.
Reply 2 - Posted by:
DVC 8/31/2022 11:00:05 AM (No. 1264252)
Life is all about choices. Bad choices made.
This is the difference between the government and private industry. Make bad choices in private industry, and eventually you stop it, because you run out of money. In the government, your bad choices get subsidized endlessly by the IRS agents with guns, so no consequences of endless wrong choices.
94 people like this.
Reply 3 - Posted by:
Rich323 8/31/2022 11:03:07 AM (No. 1264257)
Mike Lindell should buy them out and call it My Pillow and Beyond……
246 people like this.
They used to be my home goods store, but I found other places to go, right when I moved to a new house and had a lot of stuff to buy. I then bought a set of My Pillows online from Mike and love them!
96 people like this.
Reply 5 - Posted by:
pmcclure 8/31/2022 11:26:09 AM (No. 1264315)
Good riddance to bad rubbish.
48 people like this.
Reply 6 - Posted by:
GoodDeal 8/31/2022 11:36:05 AM (No. 1264330)
It couldn't happen to a creepier woke business. I used to shop there but quit because of the My Pillow boycott. I hope they think it was worth it. Seems their desire to put Mike out of business ended up putting them out of business. The Darwin Award for Get Woke Go Broke Business of the Year.
115 people like this.
Reply 7 - Posted by:
jalo1951 8/31/2022 11:39:57 AM (No. 1264334)
Did not shop there a lot but always enjoyed walking into one of their stores and looking around. I've been know to drop some money now and then on their products. Never had a My Pillow and didn't think much of their commercials. Didn't like the way the owner came across in them but millions of people appreciated his products and bought them. But attacking My Pillow was a bit much. After that I never went into another Bed, Bath and Beyond again. Obviously I was not alone.
55 people like this.
Reply 8 - Posted by:
pugetpower 8/31/2022 11:43:41 AM (No. 1264339)
Not that concerned about the woke stuff or the My Pillow thing. They did have the good brands, so I would buy the occasional kitchen item. Problem is, their pricing is a tad high, so when they stopped mailing out the 20% coupons, I stopped going in.
37 people like this.
Reply 9 - Posted by:
zephyrgirl 8/31/2022 11:57:33 AM (No. 1264347)
BB&Y has been my "go to" place for linens and kitchen items, but I don't buy much as I have more than I need. I enjoyed wandering their store because they had stuff you don't see other places. However, they screwed themselves when they took away the store managers' autonomy and forced them to stock stuff they knew wouldn't sell in their markets. The last time I went to the store nearest my house, it was closed at 9 a.m., not scheduled to open until 11. I went to the Lowe's next door and found the fan I needed.
31 people like this.
Reply 10 - Posted by:
Vaquero45 8/31/2022 12:03:12 PM (No. 1264350)
BBB had other problems, such as a CEO who must have flunked Marketing 101 and had no idea who his customers were, but going “woke” on MyPillow certainly didn’t help. I haven’t been back since they pulled that stunt.
They had a good thing going, and they blew it.
73 people like this.
Reply 11 - Posted by:
Gordon Mills 8/31/2022 12:15:49 PM (No. 1264373)
I haven't entered a BB&B nor purchased any item from them since they removed Trump items from their offerings. I hope they go bankrupt and cease to exist.
71 people like this.
Reply 12 - Posted by:
TXknitter 8/31/2022 12:16:24 PM (No. 1264375)
My Texas HEB did same thing statewide and at the same time as Kohl’s and BB& Beyond. HEB fortunate because it is a grocery store and necessary in my area.
16 people like this.
Reply 13 - Posted by:
MickTurn 8/31/2022 12:17:06 PM (No. 1264377)
I stopped shopping there the instant they lied about My Pillow and stopped carrying their products.
Go Woke GO BROKE!
56 people like this.
Reply 14 - Posted by:
oldmagnolia 8/31/2022 12:28:43 PM (No. 1264408)
After they cancelled My Pillow I never returned there to shop.
50 people like this.
Reply 15 - Posted by:
buckeye1 8/31/2022 12:45:01 PM (No. 1264440)
I was just in one last week to buy curtains and was stunned at how empty their shelves were
33 people like this.
Their stuff is cheap Chinese junk and overpriced.
29 people like this.
Kohls will be next - for the same reason.
47 people like this.
Reply 18 - Posted by:
NYbob 8/31/2022 1:15:16 PM (No. 1264467)
The entire business community owns this. The fact that morons can take control of a company and destroy it in the name of diversity, says it all about MBAs today and upper management in far too many places. Everyone connected to this ought to be on some kind of wall of idiots. Instead they move on to another disaster. Kodak did the same thing at a time when they had to make hard choices. They picked politically correct and killed a century old company. BB&Y had a crisis and they jumped all in on 3% scam because they were cowards and fools. Richly deserved and we will see more of this as the economy shrinks, thanks to rats.
43 people like this.
Reply 19 - Posted by:
udanja99 8/31/2022 1:16:21 PM (No. 1264468)
The BB&B in my area went through a massive renovation right after the My Pillow ban started. I walked by there on Sunday and the store is half empty of merchandise and I only saw one customer.
33 people like this.
Reply 20 - Posted by:
lakerman1 8/31/2022 1:23:08 PM (No. 1264475)
#7, I found Mike Lindell's commercials to be amusing but annoying, and overselling a product - a mere pillow.
Then Mrs. Lakerman purchased two My Pillows, and it was magic! I have a cervical fusion, and had given up on ever again having a pain free night's sleep, but My Pillow took care of that.
We bought one for our youngest son, and he loved it. And we bought one for my evil big sister, 90 years old, and she loves it.
My #2 son, a far leftist, didn't like his gift of My Pillow, because... but his wife and daughter loved it.
You are missing out on one of the pleasures of life. Just be sure to fluff My Pillow each evening.
62 people like this.
Reply 21 - Posted by:
AltaD 8/31/2022 1:36:40 PM (No. 1264487)
I wish this was a case of "go woke, go broke" but BB&B has had financial troubles long before they dropped My Pillow. They shifted away from name brand kitchen items and quality linens to their store brand products, aisles of junk (candles, cheap picture frames, seasonal clutter) and even personal care products you can pickup at any Walgreens or grocery store.
26 people like this.
Reply 22 - Posted by:
NorthernDog 8/31/2022 1:47:33 PM (No. 1264495)
Something the marketing geniuses overlook is that the people who bought My Pillow products may also be buying other products that were profitable for the company. When BB & B pointedly canceled My Pillow products they not only lost those sales, but sales of the other home goods.
35 people like this.
Reply 23 - Posted by:
seamusm 8/31/2022 2:08:15 PM (No. 1264504)
No one - NO ONE - ever went into a Bed Bath and Beyond BECAUSE of the company's politics. But they sure as hell stopped going in and spending money when the store execs publicized a political position. If your business is politics then by all means open your mouth but alienating half one's potential base has never been a good business model. Ask the Boy Scouts. They'd have been a lot better off NEVER having wading into the homosexuality trap -- that was NEVER their business in the first place.
44 people like this.
Reply 24 - Posted by:
nordlander 8/31/2022 2:11:11 PM (No. 1264505)
My friend's kids nicknamed them "Bed, Bath & Broken" due to the low quality of much of their merchandise.
19 people like this.
Reply 25 - Posted by:
marlon 8/31/2022 2:13:15 PM (No. 1264506)
Oh no where am I going to buy cheap Chinese made crap now?
23 people like this.
#25, The store right next door unfortunately. I just get so hopping mad when I see a store full of stuff that can so easily be made in our country instead of China. I’ll even pay more for Made in the USA, if I had a chance.
29 people like this.
Reply 27 - Posted by:
paral04 8/31/2022 3:15:47 PM (No. 1264546)
Good. When are these so called business brains going to learn to stay out of politics. It's a no win,
20 people like this.
Reply 28 - Posted by:
Rinktum 8/31/2022 3:25:38 PM (No. 1264553)
BB&B’s pulling of My Pillow was the reason we no longer shop there. I refuse to shop with the people who want to tell me who is worthy of my hard earned money and who is not. Just sell your stuff and let the marketplace deal with the rest. I have to admit, it is very satisfying to see that when these companies go woke, they also go broke. May that trend continue. Americans do not need to be harangued by radicalized corporations. Just shut up and sell your wares.
42 people like this.
Reply 29 - Posted by:
Echohawk 8/31/2022 3:26:36 PM (No. 1264554)
To the CEO of Bed, Bath, & Beyond: you forgot, or chose to ignore, two maxims. One, the customer is always right, and two, Republicans buy pillows, too.
32 people like this.
Reply 30 - Posted by:
jj1319 8/31/2022 3:50:51 PM (No. 1264579)
A bit off topic, but keeping with the idea of telling us how to spend our money. And by whom.
I love it when a "waitress" picks up my check after I place a large bill on it, and goes on to ask, "do you want change?" Bear in mind, this is BEFORE I tip. I always reply in the affirmative and adjust the tip down (I'm a good tipper).
Also, tip jars on fast food/takeout counters? I think not.
25 people like this.
Reply 31 - Posted by:
kennedylaw 8/31/2022 4:11:45 PM (No. 1264595)
I honestly had never even heard of My Pillow until BB&B cancelled them. We have purchased all of our bedding and towels from My Pillow ever since.
20 people like this.
Like, did anyone not see this coming?
16 people like this.
Reply 33 - Posted by:
ladydawgfan 8/31/2022 4:56:05 PM (No. 1264627)
RE #30:
Just another reason why I never pay cash when I eat out. If you use a card, you don't get pressured about tips. The other reason is the time I was in a restaurant and watched a bunch of teenagers wander through the restaurant nicking the cash tips people had left on tables. They were quick and left before I was able to let someone know. I have never left a cash tip on a table since, and I always mention to the waitress why I do not do so.
15 people like this.
Reply 34 - Posted by:
Norway 8/31/2022 6:07:05 PM (No. 1264705)
Unlike the 2020 election, you can't cheat the sales numbers. The People have just voted Bed bath And Beyond OFF the island.
19 people like this.
Reply 35 - Posted by:
watashiyo 8/31/2022 6:42:23 PM (No. 1264733)
One of the gifts my friends in the Far East asked me to bring was My Pillow products. Twice a year it's my pillow. Must be good.
18 people like this.
Reply 36 - Posted by:
anniebc 8/31/2022 9:33:05 PM (No. 1264923)
Too bad, not so sad. . .
9 people like this.
Reply 37 - Posted by:
Brunsong 8/31/2022 11:21:24 PM (No. 1264974)
I fell like I just watched the movie That Thing You Do, I’m sooooo HAPPY 😀😀😀
7 people like this.
Reply 38 - Posted by:
Dodge Boy 9/1/2022 12:30:54 AM (No. 1265031)
The BB&B store in my town is on its last legs. Next spring latest, it will be gone. Nobody shops there. Go woke, go broke, BB&B? How'd that work out for you? Especially here in Trumpsville, Colorado.
13 people like this.
Reply 39 - Posted by:
mifla 9/1/2022 3:44:29 AM (No. 1265080)
I hope that 20% knows how to code.
13 people like this.
Reply 40 - Posted by:
Msquared112 9/1/2022 6:16:22 AM (No. 1265118)
It was precisely when BB&B removed the MY PILLOW products that I stopped patronizing them. Millions of others did likewise, and now BB&B is bust. This same go woke go broke scenario is repeated over and over again across America. The lesson here is that individuals can have tremendous power if they stand together against censorship.
18 people like this.
Oh no, where will all the women's studies, psychology and communication majors work now?
11 people like this.
Reply 42 - Posted by:
Strike3 9/1/2022 7:20:08 AM (No. 1265159)
Pretentious, overpriced junk store finally gets what is coming to it, one twenty-dollar candle at a time.
8 people like this.
Our store here closed abruptly last Spring. They just up and closed over a weekend..
7 people like this.
Reply 44 - Posted by:
broken01 9/1/2022 8:34:49 AM (No. 1265210)
A long time ago one of the great NBA players in Michael Jordan answered why he doesn't delve into politics. He said that Republicans buy shoes too. Now that Nike has gone woke I don't know if that's the case but his statement holds true. Woke leftist democrats aren't the only people in my beloved country. We folks in red states and even in blue states (shocker) have jobs and spend money on goods and services. Any company who wants to offend or just make angry half of the country with silly wokeness deserves whatever grief it gets. I personally haven't shopped in a BB&B in years and will continue that streak.
10 people like this.
Reply 45 - Posted by:
Speedypetey 9/1/2022 8:46:33 AM (No. 1265231)
This is hilarious. After they backed the massive election fraud we went direct to MyPillow and avoided the BB&B wealthy executives. Enjoy your Biden unemployment.
12 people like this.
I have a problem with the employees going on unemployment for many months when so many help wanted signs are up.
4 people like this.
Reply 47 - Posted by:
Bassman1911 9/1/2022 9:26:06 AM (No. 1265276)
Conservatives are very careful and aware of where their money goes. They vote with their wallets.
4 people like this.
Reply 48 - Posted by:
gop_guys 9/1/2022 9:33:28 AM (No. 1265281)
Lots of great posts on this thread, 3 being hilarious! Like most of us reading Lucianne, we’re aware of this stupid corporate woke movement. Many covering up their ties to communist China and slave labor. Then you have companies like Coca Cola that greatly contribute to obesity & health issues that get in on the act. Nike takes the cake. I will never buy anything with a swoosh after they made Kappernick /sp their hero.
10 people like this.
Reply 49 - Posted by:
fysammy 9/1/2022 9:36:19 AM (No. 1265283)
Hope they don’t close Blood Bath & Beyond (BBB) where Homer Simpson buys his guns!
6 people like this.
Reply 50 - Posted by:
bigfatslob 9/1/2022 10:18:04 AM (No. 1265337)
Here's BFS (bigfatslob) take on BB&B. In the competitive world of sales keep your politics to yourself, Mr/Mrs CEO. What group spends money over all other groups? Answer, families who work and shop in stores, all stores. If there's a product they like, knows your establishment sells it they will shop there. A hipster CEO who changes the store's approach to sales using their political stances can create a death knell like BB&B did. My Pillow might not be a great product, but it sells or is just an attraction for a store, I don't claim to know anything about the product. When the dumb decision was made by the CEO and Sales Manager to go political, they killed the shopping customer market. BB&B possibly went woke counting on other target groups of persons to keep up sales, who were they? Blacks? Gays, obese girls with green hair and tattoos then good luck with that BB&B. I guess they showed Mike Lindell in the process with their choice they tried to shrug off. There is a plethora of product commercials on TV but their target group is not the one I identify with so sell to them and forget me. Let's see how that target group will keep your product afloat. Go woke go broke hipsters. Family Dollar has the same products as BB&B but just less sexy. So long you dumb chumps!
7 people like this.
Reply 51 - Posted by:
lennon47 9/1/2022 10:33:10 AM (No. 1265362)
I stop shopping Bed Bath after the MyPillow disclosure. Also, I stop buying Harry shaving blades and cream after finding them woke. And more. These stupid executives and board members can really make stupid decisions.
8 people like this.
Reply 52 - Posted by:
PrayerWarrior 9/1/2022 10:42:50 AM (No. 1265370)
I didn't think My Pillow was anything special before buying Mike Lindell's pillows. But having trouble sleeping after 3 spinal fusions after 2 car crashes (both times girls talking and not looking), we decided to try My Pillow. (You must put the pillows in the dryer for 15 minutes for the material to fuse.) Anyway, I can now sleep through the night without neck and back pain. Amazing!
9 people like this.
Reply 53 - Posted by:
mc squared 9/1/2022 10:50:05 AM (No. 1265382)
Closing some stores and layoffs. Sounds like Radio Shack before they went totally belly up.
9 people like this.
Reply 54 - Posted by:
Tundrarider 9/1/2022 11:16:17 AM (No. 1265435)
Soon Mike Lindell will be able to pick up BB&B for a song if he wants it! LOL
6 people like this.
Reply 55 - Posted by:
Zigrid 9/1/2022 11:40:01 AM (No. 1265463)
OMG...poster #3...you hit it on the head...Mike should buy it and make it...My Pillow and Beyond...how delicious!!
8 people like this.
Reply 56 - Posted by:
HisHandmaiden 9/1/2022 11:48:40 AM (No. 1265475)
Y’all are encouraging me to buy/order a My Pillow! Love Mike, he is a smart, courageous patriot!
Regarding waitresses, waiters, servers and tips, though both Daughters received full merit scholarships to amazing colleges, they both were told the get campus jobs for their ‘spending $$.’ They needed to keep learning both time management and funds management. Both started as a hostess at upscale restaurants, so in gratitude for the many ‘tips’ they received, when I dine out now, I choose to talk to my server to get to know them, ask them if they ‘pool’ tips with everyone there, including the sous chefs, etc., if they prefer cash or does mgmt add daily or weekly amounts… and then be as generous as possible.
We can’t ‘out-give God.’
8 people like this.
Reply 57 - Posted by:
Heraclitus 9/1/2022 11:55:07 AM (No. 1265485)
A couple of lessons for us, too. If possible, get onto the Board of Directors, and VOTE. The Lefties figured this out, and they have been getting on Boards building majorities AND voting on Boards, thus sending companies into the vortex of wokism, a wedge by which marxists gain access.
Then, do what sort of comes naturally, and that is, shop elsewhere.
To go into our local BBB is to have a sad experience of a store (I used to really enjoy, helped by the generous coupons which never expire) in a state of entropy. Shelves aren't well stocked, due in large measure, no doubt, because their stock comes from China. Employees and customers alike walk around grumpily.
I'm never happy to see a business fail, unless it's a really awful, evil enterprise, of course. BBB went on a PC bender, succumbing to fearmongering stoked by the Dem/Left and RINOs (who do not like icky religious people like Mike Lindell).
People lose their jobs. Empty buildings fall into decrepitude. It's just depressing all around.
BBB company seems to have shot itself in the foot, so to speak, and gangrene has set in, because the moment was lost when the company could have set itself back on the right track.
5 people like this.
Reply 58 - Posted by:
NotaBene 9/1/2022 12:23:57 PM (No. 1265533)
I invested in the Lindell Legal Offense Fund.
4 people like this.
Reply 59 - Posted by:
thehutchcom 9/1/2022 12:41:49 PM (No. 1265555)
Let's be honest, it's a brick-and-mortar store with a huge markup. It's been facing the same future as all the others that have been undercut by Amazon. The MyPillow thing is a STUPID thing to do when you need every customer to stay in business, but they made their choice. I'll miss their kitchenware, and now I need to find another place to swap out my SodaStream cylinders.
4 people like this.
Now let's see Target go fizzle. I don't know if this came true, but a few years ago, Target was espousing boys/men could use femme bathrooms. That's woke isn't it?Target is also having financial difficulties.
4 people like this.
Reply 61 - Posted by:
Jebediah 9/1/2022 2:43:27 PM (No. 1265659)
I am far from a Mike Lindell fan, especially since he makes sure his cross outside this short shows always, but stopped shopping at Bed, Bath and Beyond once they boycotted him because they did so for purely political reasons. Prior to this I shopped there three or more times a month, but no more. They deserve what they get.....their employees do not!
4 people like this.
Reply 62 - Posted by:
doctorfixit 9/1/2022 4:39:30 PM (No. 1265775)
Bad Bolshevik & Bankrupt.
4 people like this.
Comments:
This article is related to the Yahoo Finance article posted below. Out of control political correctness and "wokism" leads to financial ruin in America. Offend Middle America at your peril! Decency ain't dead.